Is SPROTT FOCUS TRUST INC. (FUND) Halal?

NASDAQ Financial Services Canada $279M
✗ NOT HALAL
Confidence: 95/100
SPROTT FOCUS TRUST INC. (FUND) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
5.1
EPS
$1.83
Dividend Yield
622.0%
Payout: 31.5%
P/B Ratio
1.0
Revenue
$2M
Growth: 3.8%
Beta
0.9
Average volatility
Current Ratio
3.9

Profitability

Gross Margin 100.0%
Operating Margin 58.7%
Net Margin 646.0%
Return on Equity (ROE) 20.1%
Return on Assets (ROA) 1.2%

Cash Flow & Balance Sheet

Current Ratio3.9
Total Assets$251M

Price & Trading

Last Close$9.30
50-Day MA$9.61
200-Day MA$8.53
Avg Volume32K
Beta0.9
52-Week Range
$6.21
$10.16

About SPROTT FOCUS TRUST INC. (FUND)

CEO
Mr. Charles Morgan Royce
Sector
Financial Services
Industry
Asset Management
Country
Canada
Exchange
NASDAQ
Market Cap
$279M
Currency
USD

Sprott Focus Trust, Inc. is a closed-ended equity mutual fund launched and managed by Sprott Asset Management, LP. The fund is co-managed by Sprott Asset Management USA Inc. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the Russell 3000 Index. It was formerly known as Royce Focus Trust, Inc. Sprott Focus Trust, Inc. was formed on March 2, 1988 and is domiciled in the United States.

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Frequently Asked Questions

Is SPROTT FOCUS TRUST INC. (FUND) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SPROTT FOCUS TRUST INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is SPROTT FOCUS TRUST INC.'s debt ratio?

SPROTT FOCUS TRUST INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are SPROTT FOCUS TRUST INC.'s key financial metrics?

SPROTT FOCUS TRUST INC. has a market capitalization of $279M, trailing P/E ratio of 5.1, and revenue of $2M. The company maintains a gross margin of 100.0% and a net margin of 646.0%. Return on equity stands at 20.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.